PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FN.TO vs. CM.TO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Key characteristics


FN.TOCM.TO
YTD Return13.06%43.10%
1Y Return14.59%78.70%
3Y Return (Ann)6.75%10.89%
5Y Return (Ann)7.20%12.10%
10Y Return (Ann)14.36%7.02%
Sharpe Ratio0.904.74
Sortino Ratio1.207.22
Omega Ratio1.181.92
Calmar Ratio1.012.50
Martin Ratio2.3930.12
Ulcer Index7.06%2.67%
Daily Std Dev18.65%16.97%
Max Drawdown-63.24%-65.25%
Current Drawdown-0.48%-0.14%

Fundamentals


FN.TOCM.TO
Market CapCA$2.48BCA$83.08B
EPSCA$3.79CA$6.91
PE Ratio10.8712.72
PEG Ratio0.582.58
Total Revenue (TTM)CA$1.21BCA$37.71B
Gross Profit (TTM)CA$130.57MCA$37.71B
EBITDA (TTM)CA$156.99MCA$3.33B

Correlation

-0.50.00.51.00.4

The correlation between FN.TO and CM.TO is 0.40, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

FN.TO vs. CM.TO - Performance Comparison

In the year-to-date period, FN.TO achieves a 13.06% return, which is significantly lower than CM.TO's 43.10% return. Over the past 10 years, FN.TO has outperformed CM.TO with an annualized return of 14.36%, while CM.TO has yielded a comparatively lower 7.02% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%10.00%20.00%30.00%JuneJulyAugustSeptemberOctoberNovember
13.84%
33.96%
FN.TO
CM.TO

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Risk-Adjusted Performance

FN.TO vs. CM.TO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for First National Financial Corporation (FN.TO) and Canadian Imperial Bank of Commerce (CM.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


FN.TO
Sharpe ratio
The chart of Sharpe ratio for FN.TO, currently valued at 0.77, compared to the broader market-4.00-2.000.002.000.77
Sortino ratio
The chart of Sortino ratio for FN.TO, currently valued at 1.09, compared to the broader market-4.00-2.000.002.004.001.09
Omega ratio
The chart of Omega ratio for FN.TO, currently valued at 1.15, compared to the broader market0.501.001.502.001.15
Calmar ratio
The chart of Calmar ratio for FN.TO, currently valued at 0.59, compared to the broader market0.002.004.006.000.59
Martin ratio
The chart of Martin ratio for FN.TO, currently valued at 1.94, compared to the broader market-10.000.0010.0020.0030.001.94
CM.TO
Sharpe ratio
The chart of Sharpe ratio for CM.TO, currently valued at 4.16, compared to the broader market-4.00-2.000.002.004.16
Sortino ratio
The chart of Sortino ratio for CM.TO, currently valued at 6.09, compared to the broader market-4.00-2.000.002.004.006.09
Omega ratio
The chart of Omega ratio for CM.TO, currently valued at 1.75, compared to the broader market0.501.001.502.001.75
Calmar ratio
The chart of Calmar ratio for CM.TO, currently valued at 2.05, compared to the broader market0.002.004.006.002.05
Martin ratio
The chart of Martin ratio for CM.TO, currently valued at 23.98, compared to the broader market-10.000.0010.0020.0030.0023.98

FN.TO vs. CM.TO - Sharpe Ratio Comparison

The current FN.TO Sharpe Ratio is 0.90, which is lower than the CM.TO Sharpe Ratio of 4.74. The chart below compares the historical Sharpe Ratios of FN.TO and CM.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
0.77
4.16
FN.TO
CM.TO

Dividends

FN.TO vs. CM.TO - Dividend Comparison

FN.TO's dividend yield for the trailing twelve months is around 7.65%, more than CM.TO's 4.09% yield.


TTM20232022202120202019201820172016201520142013
FN.TO
First National Financial Corporation
7.65%8.21%6.48%8.46%5.97%6.32%9.83%10.14%6.13%6.72%6.31%6.12%
CM.TO
Canadian Imperial Bank of Commerce
4.09%5.47%4.58%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FN.TO vs. CM.TO - Drawdown Comparison

The maximum FN.TO drawdown since its inception was -63.24%, roughly equal to the maximum CM.TO drawdown of -65.25%. Use the drawdown chart below to compare losses from any high point for FN.TO and CM.TO. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.51%
-0.12%
FN.TO
CM.TO

Volatility

FN.TO vs. CM.TO - Volatility Comparison

First National Financial Corporation (FN.TO) has a higher volatility of 3.90% compared to Canadian Imperial Bank of Commerce (CM.TO) at 3.60%. This indicates that FN.TO's price experiences larger fluctuations and is considered to be riskier than CM.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%JuneJulyAugustSeptemberOctoberNovember
3.90%
3.60%
FN.TO
CM.TO

Financials

FN.TO vs. CM.TO - Financials Comparison

This section allows you to compare key financial metrics between First National Financial Corporation and Canadian Imperial Bank of Commerce. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities



Values in CAD except per share items